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Deep Tide TechFlow News, May 23 — According to The Block, cross-chain infrastructure platform Squid has completed a $6 million strategic funding round led by North Island Ventures, with participation from Ripple, Dialectic, and Borderless. The funds will be used to launch new consumer-facing products. Squid co-founder Fig stated that this product will be based on its routing and settlement infrastructure to enhance the experience of accessing and managing crypto assets. Squid claims that since its launch in 2023, the platform has processed over $6 billion in transaction volume and more than 4 million transactions across over 100 blockchain networks, serving over 1 million users.